The Ugandan Jobline

• Provide strategic guidance on all Risk
  matters in the Legal Entity
• Develop and maintain a comprehensive Risk
  Management Framework/Plan for the Legal Entity; that is derived from
  various inputs – such as business strategy; regulatory requirements,
  policies (Stress Testing Framework), Capital adequacy (ICAAP), Business
  Risk Appetite etc.
• Ensure that all Risk Management Policies,
  standards and procedures are approved by the Board and implemented within
  the Legal Entity. 
• Ensure the Risk division’s compliance with
  all current and prospective regulatory and prudential requirements in so
  far as it relates to the various Risk Types (Credit Risk, Operational
  Risk, Market Risk, Liquidity and IRR risks).
• Embed a strong Risk culture within the
  Legal Entity that supports doing the right business the right way.
• Ensure the appropriate adoption of Risk
  management actions and mitigations for the Legal Entity; through proactive
  trending and thematic analysis of external factors, business challenges,
  Risk policy, breaches etc.
• To ensure the independence and objectivity
  of the Risk function.

• Ensure effective capabilities, processes
  and procedures within Risk to support the Business strategy and optimise
  the use of resources to achieve targeted returns. This includes the
  coordination of Legal Entity Human Capital processes such as Performance
  Management, Talent Management, Learning and Development, Succession
  Planning and Recognition.
• Ensure the full implementation of Legal
  Entity Risk Governance Framework; including the administration of Risk
  Governance that provides effective oversight and reporting that is of a
  high quality, standardized, and a single point of contact for information
  and data.
• Effectively lead the Risk agenda in all
  Governance Committees.
• Provide ongoing support, coordination and
  guidance to the Risk fraternity within the Legal Entity.
• Lead and chair a Risk Governance Committee
  within country through the co-ordination of Risk-type matters and
  cross-risk issues.
• Ensure the effective partnership of the
  Risk Governance Committee and broader Risk business lines, IT, Finance,
  Operations and HC.
• Financial Management of the Risk division
  within the Legal Entity (opex, capex).
• Management of the Legal Entity’s insurance
  cover to ensure that assets are adequately protected.

• Co-ordinate interactions with the local Regulators
  on all Risk-related matters to ensure the Bank meets the Regulator
  expectations as far as Risk Management practices are concerned.
• Across the Bank – maintain a wide network
  of internal stakeholders to ensure that both country and Risk-type strategies
  and deliverables are met.  This
  includes robust escalation management of issues.
• Within the Legal Entity – maintain
  effective, collaborative relationships with Senior Management, business
  lines and within the Risk fraternity to ensure that Risk practices are
  aligned to the Bank’s strategy.
• Promote the universal banking construct
  within Risk; promoting opportunities to leverage across Risk-types and
  business lines. This includes effective relationships with Risk Type
  matrix Heads.

• Facilitate the determination of the
  Business Risk Appetite across Risk Types.
• Keep a proactive working relationship with
  business heads to keep up to date with business challenges and Risk
  implications.
• Ensure Governance and Assurance across all
  Risk Types to provide effective oversight and reporting that is of a high
  quality, standardized, and a single point of contact for information and
  data.
• Ensure all Risk-Type standards, policies
  and procedures are embedded in the Legal Entity.
• Ensure resources are optimized to support
  the business strategy through effective capabilities, processes and
  procedures.

• Chair the Country Credit Risk Management
  Committee and ensure compliance to Credit Governance Standards, Policies
  and Guidelines; inclusive of annual Legal Entity and BU Risk Appetite
  reviews.
• Support Credit Heads with ongoing
  portfolio management, Credit Risk assessment and internal control.
• Ensure compliance to Credit Governance
  standards, policies and guidelines; escalating any breaches and incidents
  timeously.
• In cases where the HoR holds a Credit
  Delegated Authority; independence and objectivity and regulations need to
  be upheld.
• Identify when deep drills are required;
  ensuring they are done to the required standard and within required timelines

• Ensure adequacy and appropriateness of
  Market Risk measurements metrics, processes and controls.
• Co-ordinate with global Market Risk
  resources to manage relevant ‘OneCIB’ transactions.
• Adopt and embed Market Risk standards,
  policies and procedures.
• Provide expert advice to business on
  Market Risk function and controls; minimizing market risk losses through
  adequate processes and systems.
• Review monthly Market Risk ALCO reports
  prior to ALCO committee meetings.
• Identify when deep drills are required;
  ensuring they are done to the required standard and within required
  timelines.

• Implementation, validation and monitoring
  of operational risk management processes within the business; ensuring a
  continuous improvement intention to ensure that practices are fit for
  purpose.
• Ensure effective information risk and
  cyber risk measures are in place to support the Bank’s digitization and
  technological aspirations.
• Provide operational risk tools and
  training support to business.
• Ensure adequate, preventative, detection
  and responsive tools and measures to ensure effective Financial Crime
  Control.
• Assist in the development of cross
  departmental coordination on cross cutting operational risk issues;
  including those relating to shared
• Pre-empt the development of standards,
  procedures and process maps where operational gaps exist across
  businesses; using sample-based back testing analysis on operationally
  vulnerable areas.
• Proactively lead the identification of
  control deficiencies from Internal Audit, Risk Assurance, Forensics, BCM,
  incident reports and external sources; to ensure proactive ‘fit for
  purpose’ remediation of any Risk exposures.

• The
  ideal candidate for the Stanbic Bank Head Risk job placement should preferably hold a Bachelor’s
  degree in Finance/Accounting or Commerce
• Five to ten years of banking experience
  the majority of which in a relevant risk management environment.
• A relevant tertiary qualification (a risk
  management qualification would be an advantage);
• In-depth understanding of the bank’s
  business environment, strategy and plans and products;
• Practical knowledge of how to input,
  access and utilise information from the network/systems to analyse and
  forecast trends;
• A working knowledge of the bank’s
  operating systems and controls;
• Computer literacy skills i.e. MS Office

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